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Funding the war in Iraq

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In April 2004, '''funding Funding the war in Iraq-- 2006''': "The Iraq war could eventually cost [http://today.reuters.com/news/newsArticleSearch.aspx?storyID=21731+10-Jan-2006+RTRS&srch=war+in+Iraq $2 trillion]," according to a new [http://www2.gsb.columbia.edu/faculty/jstiglitz/Cost_of_War_in_Iraq.htm study] co-authored by Nobel Prize-winning economist [[Joseph E. Stiglitz]] and [[Linda Bilmes]], "who previously presented the conservative estimate." --[http://www.cursor.org/ ''Cursor'' had begun ], January 10, 2006. ----==Funding the war in Iraq -- April 2004==In April 2004, funding the war in Iraq began to cause concern for "military officials, [[defense contractors]] and members of Congress [who then said] that worsening U.S. fortunes in [[Iraq]] [had] dramatically changed the equation and more money [would] be needed soon," Jonathan Weisman
[http://www.washingtonpost.com/wp-dyn/articles/A28903-2004Apr20.html wrote] in the ''Washington Post''.
----
==Funding April 2004==
Weisman [http://www.washingtonpost.com/wp-dyn/articles/A28903-2004Apr20.html reported] that "Intense combat in Iraq is chewing up military hardware and consuming money at an unexpectedly rapid rate -- depleting military coffers, straining [[defense contractor]]s and putting pressure on [[Bush administration]] officials to seek a major boost in war funding long before they had hoped."
According to Myers, "'When the service chiefs last talked about this, there was, I think, a $4 billion shortfall,' Myers told the House Armed Services Committee. 'We thought we could get through all of August. We'd have to figure out how to do September.'" [http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040422/ap_on_go_co/congress_iraq&cid=512&ncid=716]
Additionally, officials said that the "war is costing about $4.7 billion a month, officials said." Myers said that "Defense officials are studying their budget, which runs through Sept. 30, to determine whether some money can be moved from purchase programs or other Pentagon accounts." [http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040422/ap_on_go_co/congress_iraq&cid=512&ncid=716]
==Cost of War Calculator==See the National Priorities Project's [http://nationalpriorities.org/index.php?option=com_wrapper&Itemid=182 running total of the U.S. taxpayer cost of the Iraq War] based on Congressional appropriations.  == Related SourceWatch Resources ===
*[[Reconstruction of Iraq funding]]
*[[war profiteering]]
=== External Links =====2003===*[http://www.pbs.org/newshour/bb/middle_east/jan-june03/budget_3-25.html "The Cost of War,"] PBS Online NewsHour, March 25, 2003: "President Bush asked Congress Tuesday for $74.7 billion in emergency spending to fund the war in Iraq."*[http://english.people.com.cn/200304/12/eng20030412_115009.shtml "US Senate Approves Nearly 80-billion-dollar Funding for Iraq War,"] ''People's Daily'', April 12, 2003.*[http://www.state.gov/p/nea/rls/23898.htm "Request for Additional FY 2004 Funding for the War on Terror,"] Department of State, September 8, 2003.*[http://www.whitehouse.gov/news/releases/2003/09/20030908-1.html News Release: "Fact Sheet: Request for Additional FY 2004 Funding for the War on Terror,"] White House, September 8, 2003. ===2004===
*Jonathan Weisman, [http://www.washingtonpost.com/wp-dyn/articles/A28903-2004Apr20.html "War May Require More Money Soon,"] ''Washington Post'', April 21, 2004.
*Thom Shanker and David E. Sanger, [http://www.nytimes.com/2004/04/21/politics/21MILI.html "Pentagon Drafts Iraq Troop Plan to Meet Violence,"] ''New York Times'', April 21, 2004.
*Scott Lindlaw, [http://www.smirkingchimp.com/article.php?sid=15877&mode=nested&order=0 "Billions down a rat-hole: Iraq expenses are more than expected, Pentagon warns,"] AP, April 22, 2004.
*[http://www.startribune.com/stories/587/4735911.html "GOP congressmen angry at White House over Iraq,"] AP, April 22, 2004.
*Hannah K. Strange, [http://washingtontimes.com/upi-breaking/20040701-024236-4063r.htm "Report: The 'real' costs of the Iraq war,"] UPI (''Washington Times''), July 1, 2004.
*Jonathan Weisman and Thomas E. Ricks, [http://www.washingtonpost.com/wp-dyn/articles/A62554-2004Oct25.html "Increase in War Funding Sought. Bush to Request $70 Billion More,"] ''Washington Post'', October 26, 2004.
*Bryan Bender, [http://www.boston.com/news/world/articles/2004/12/15/war_funding_request_may_hit_100_billion/ "War funding request may hit $100 billion,"] ''Boston Globe'', December 15, 2004.
 
===2005===
*Peronet Despeignes, [http://www.usatoday.com/news/world/iraq/2005-01-03-iraq-costs_x.htm "Congress expects $100 billion war request,"] ''USA Today'', January 3, 2005.
*Jonathan Weisman, [http://www.washingtonpost.com/wp-dyn/articles/A23018-2005Feb14.html "President Requests More War Funding. Money for Iraqi Forces Rises Sharply,"] ''Washington Post'', February 15, 2005.
*Richard Cowan, [http://www.defensenews.com/story.php?F=829835&C=america "U.S. House Approves Iraq War Funding Compromise,"] Reuters (DefenseNews.com), May 5, 2005.
 
===2006===
*Linda Bilmes, [http://www.ksg.harvard.edu/ksgnews/Features/opeds/082005_bilmes.htm OpEd: "The Trillion-Dollar War,"] ''New York Times'' (Harvard University), August 20, 2005.
*Linda Bilmes and Joseph E. Stiglitz, [http://www2.gsb.columbia.edu/faculty/jstiglitz/Cost_of_War_in_Iraq.htm "The Economic Costs of the War in Iraq: An Appraisal Three Years After the Beginning of the Conflict,"] Columbia University, [undated 2006].
*Bryan Bender, [http://www.boston.com/news/world/middleeast/articles/2006/01/08/economists_say_cost_of_war_could_top_2_trillion/?p1=MEWell_Pos4 "Economists say cost of war could top $2 trillion. Tally exceeds White House projections,"] ''Boston Globe'', January 8, 2006.
*Jason Szep, [http://today.reuters.com/news/newsArticleSearch.aspx?storyID=21731+10-Jan-2006+RTRS&srch=war+in+Iraq "Cost of Iraq war could top $2 trillion: study,"] Reuters, January 9, 2006.
*Andrew Walker, [http://news.bbc.co.uk/2/hi/middle_east/4595510.stm "US economist questions Iraq costs,"] BBC, January 9, 2006.
*Martin Wolf, [http://news.ft.com/cms/s/48ad9c0a-820f-11da-aea0-0000779e2340.html "The failure to calculate the costs of war,"] ''Financial Times'', January 10, 2006.
*Tom Regan, [http://www.csmonitor.com/2006/0110/dailyUpdate.html "Report: Iraq war costs could top $2 trillion. New study takes into account long-term costs of healthcare for wounded soldiers,"] ''Christian Science Monitor'', January 10, 2006.
[[Category:Iraq]][[category:war in Iraq]]
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